http://www.nytimes.com/2011/02/14/opinion/14Salmon.html
"And the Germans aren’t buying the New York Stock Exchange for its commoditized, highly competitive and ultra-low-margin stock business, but rather for its lucrative derivatives operations."
(The word 'lucrative' here means 'bankrupt,' I guess.) Derivatives are what caused the big economic collapse a few years ago. I thought that we had gotten rid of them. There was a while when nobody could sell any derivatives for even the smallest amount of money. They were cursed. Now they're being called 'lucrative?' As in, profitable? Bringing lots of wealth? Somebody WANTS them? So they've been lingering around all this time, waiting for someone to buy them, and some stock exchange in Germany wants to buy them. I don't understand - I guess the stock exchange isn't exactly BUYING them, the derivatives themselves. What are they buying, and what does it have to do with derivatives? Not sure I can figure it out from this story - it's just an opinion story.
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